Good. Sometimes being #1 is not the best thing. In this industry, being a strong 2,3,4 allows much leverage. Ken Lewis was on that good stuff when he wanted to be number 1 in everything. Somebody should have gone back to school and revisited how to properly conduct due diligence. Ken Thompson should be in that boat too.

I believe that market capitalization is more relevant than total assets as a measure of relevance. It is a market based estimate of the present value of an enterprise that is not easily manipulated by accountants.

Wells Fargo has the largest market cap of any domestic bank at $137B. Next is JPM at $128B, Citigroup at $87B, and, lastly, BAC at $67B.

Being a former Wachovia employee, I'm proud to have moved from Charlotte to join a bank that focuses on clients...PNC. I will soon be back since they now have a footprint in North Carolina with the PNC buying out RBC Bank. Looking how they operate, it's nothing like Wachovia and BofA. As a Financial Advisor, I welcome all the new clients leaving the big banks and bringing all their assets to a bank that brings clients first and not who can build the most towers over extend themselves. Just wait NC/SC...you will be seeing more of PNC.